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CHICAGO-Developer Mesirow Financial Real estate, based here, is nearing completion on its $420-million 353 N. Clark. Now 81% preleased, the 1.2-million-square-foot office tower is expected to deliver in October. Jones Lang LaSalle was just appointed as property manager for the 45-story building, augmenting the firm’s existing role as leasing manager and previous work securing the project’s $420 million in financing in 2006.

“We’ll have parking, a health club and a shuttle bus service running continually to get people to different transportation portals, and one of the cool things is that we’ll have an ID card that gets you in the building, can purchase food at the cafe, and will get you on the shuttle bus,” says general manager Richard Cooke, who will oversee the property management assignment with the help of assistant general manager Mason Taylor. “The building is really striving to have a great level of service and using technology to provide that service to our tenants. All of the building’s systems – from security to the key card to the cafe to work order systems – will be fully integrated, and it’s beyond anything I’ve ever seen at any other building.”

The tower will be anchored by law firm Jenner & Block, which took 411,000 square feet and Mesirow Financial, with 335,000 square feet. Other large tenants include executive search firm Spencer Stuart, in 113,000 square feet, and energy services company E.On, with 28,400 square feet. Asking lease rates at the building range from $28 to $32 per square foot net, and Steve Smith and Gary Kostecki of JLL head up leasing there.

“The building is going to be LEED-certified, and Jenner and Mesirow have also committed to getting LEED certification for their spaces,” Cooke tells GlobeSt.com. Designed by Lohan Anderson and A. Epstein & Sons International, the building has been pre-certified silver under LEED-CD, and plans to pursue gold certification upon completion. The tower offers green features including a green roof.

The class A building will also feature two white tablecloth restaurants, on-site catering facilities and concierge services. The property is located in the River North submarket, where overall occupancy for class A space is around 75%, according to JLL’s mid-year office market report. Average asking lease rates for Class A space in the submarket are around $33 per square foot, according to JLL’s research.

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